News with the tag "fed rate cut"

Bitcoin price has surged 3.5% following Wednesday’s FOMC meeting as the US Federal Reserve keeps rates unchanged at 4.5%. However, Arthur Hayes predicts that the Fed rate cuts would likely resume from April 1, which could bode well for BTC and the overall crypto market, moving ahead. Arthur Hayes Pr...

February US job data by the Labor Department showed that the nonfarm payrolls increased by 151K in February, in line with the market expectations. On the other hand, the unemployment rate comes in at 4.1%, sparking market optimism over a potential rally in Bitcoin and altcoin prices. Notably, this d...

We may see another interest rate cut this year, says Fed Governor Christopher Waller. The Fed made three rate cuts in 2024, the first being an aggressive 50 bp (basis point) cut in September, a 25 bp cut in November, and another 25 bp cut in December. However, Waller admits these cuts didn’t have th...

The crypto market is bracing for the upcoming US Consumer Price Index (CPI) inflation data, which could significantly impact the Federal Reserve’s rate cut plans. The recent US job data, which indicated a cooling labor market, has fueled market optimism and sparked hopes of a potential rate cut. Not...

The altcoins market continues to face strong selling pressure as top assets like Ethereum (ETH), XRP, Solana (SOL), Dogecoin (DOGE), Cardano (ADA) have all corrected 3-4% today. Market analysts believe that there could be some more pain ahead, expecting the Bitcoin dominance to peak at 71% before th...

Morgan Stanley Pushes Fed Rate Cut Expectations to June Morgan Stanley economists have revised their Federal Reserve interest rate cut forecast , pushing it back from March to June 2025 , according to Odaily Planet Daily News . Key Takeaways: No Fed rate cut expected in March as inflation risks rema...

Ethereum price has largely underperformed Bitcoin and other altcoin peers in recent times leading to a discussion whether ETH is dead. While top altcoins like XRP, Solana (SOL) have delivered over 25% returns on the monthly chart, ETH is down by 4% testing investors’ patience. As US President Donald...

With shifting market dynamics, Bitcoin has moved into positive territory as prices sights key resistance levels. However, due to the volatile nature of crypto assets, the flagship asset’s recent uptrend might experience a brief drawback before resuming its upward direction. Support Areas For Bitcoin...

Fed Signals 2025 Rate Cuts as Bitcoin Nears $100K Federal Reserve Governor Christopher Waller has hinted at potential rate cuts in 2025 , citing cooling inflation trends. Speaking to reporters, Waller suggested that a reduction could occur as early as March if favorable economic data persists. The n...

The financial market has gone through a topsy-turvy scenario lately, with soaring macroeconomic concerns weighing on the investors’ sentiment. Notably, recent economic indicators like the US Job data and Fed officials’ hawkish remarks have fueled concerns among traders. Having said that, investors n...